Alternative investments, in general, have been getting some Wall Street love lately, but the run-of-the-mill broad market is still looking pretty tasty in light of the past few days. And it’s only going to get better. Insanely better, if you believe our call of the day.
“If U.S. economic growth picks up, and over the next four to eight quarters global growth picks up, we’re only in the first leg of a generational bull market,” he said, adding this lovely kicker: “I believe equities could double from here and potentially go a lot higher after doubling.”
This is what I found on Marketwatch this morning.
I've been calling for a new high and we got it. Now we'll get a little pullback perhaps, one that bulls might not want to get below 1834.14, then perhaps another poke higher. After that, who knows.
That's about as far as I'll go for now. The words insanely better are just ringing in my head.